SUBSEQUENT EVENTS (Details Narrative) - USD ($) |
1 Months Ended | |||
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Oct. 21, 2021 |
Oct. 31, 2021 |
Sep. 30, 2021 |
Jun. 30, 2021 |
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Subsequent Event [Line Items] | ||||
Common Stock, Shares, Issued | 43,841,644 | 14,055,393 | ||
Additional Paid in Capital | $ 55,444,574 | $ 54,074,110 | ||
Debt Instrument, Unamortized Discount | $ 7,565 | $ 6,139 | ||
Subsequent Event [Member] | ||||
Subsequent Event [Line Items] | ||||
Common Stock, Shares, Issued | 2,002,490 | |||
Debt Conversion, Converted Instrument, Shares Issued | 1,818,097 | |||
Debt Instrument, Convertible, Conversion Price | $ 0.01 | |||
Debt Instrument, Face Amount | $ 25,000 | |||
Interest Payable, Current | 1,726 | |||
Conversion fees | 0 | |||
Additional Paid in Capital | $ 16,667 | |||
Consulting agreement description | On October 1, 2021, the Company entered int a consulting agreement (the “Consulting Agreement”) with a consultant who will assist in the development of the Company’s business and financing activities. The consultant will serve initially as an independent contractor, and upon certain mutually agreed upon conditions being met, will be appointed Vice Chairman, President and Interim CFO. The term of the Consulting Agreement shall be for three years commencing on October 1, 2021, and can be terminated by either party upon 30 day written notice. The monthly payment per the Consulting Agreement is $7,000. The Company will also issue shares of common stock equal to 1% of the total issued and outstanding shares at the end of each year of service. | |||
Consulting agreement, monthly payment | $ 7,000 | |||
Subsequent Event [Member] | October 21, 2021 Securities Purchase Agreement [Member] | ||||
Subsequent Event [Line Items] | ||||
Debt Instrument, Face Amount | 63,750 | |||
Debt Instrument, Unamortized Discount | $ 3,750 | |||
Debt Instrument, Maturity Date | Oct. 21, 2022 | |||
Debt Instrument, Interest Rate During Period | 8.00% | |||
Debt description | During the first 60 to 180 days following the date of these notes, the Company has the right to prepay the principal and accrued but unpaid interest due under the above notes issued to Sixth Street, together with any other amounts that the Company may owe the holder under the terms of the note, at a premium ranging from 110% to 129% as defined in the note agreement. After this initial 180-day period, the Company does not have a right to prepay such notes. | |||
Debt Coversion Percentage | 35.00% | |||
Equity Method Investment, Ownership Percentage | 9.99% | |||
Gain from settlement of debt, net | $ 34,327 | |||
Debt Instrument, Interest Rate Terms | interest on the outstanding principal shall accrue at a default interest rate of 22% per annum | |||
Subsequent Event [Member] | 11 Series A Warrants [Member] | ||||
Subsequent Event [Line Items] | ||||
Common Stock, Shares, Issued | 2,199,989 |
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- Definition Consulting agreement, description. No definition available.
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- Definition Consulting agreement monthly payment. No definition available.
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- Definition Conversion fees. No definition available.
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- Definition Debt Coversion Percentage. No definition available.
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- Definition Gain from settlement of debt, net. No definition available.
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- Definition Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Identification of the lender and information about a contractual promise to repay a short-term or long-term obligation, which includes borrowings under lines of credit, notes payable, commercial paper, bonds payable, debentures, and other contractual obligations for payment. This may include rationale for entering into the arrangement, significant terms of the arrangement, which may include amount, repayment terms, priority, collateral required, debt covenants, borrowing capacity, call features, participation rights, conversion provisions, sinking-fund requirements, voting rights, basis for conversion if convertible and remarketing provisions. The description may be provided for individual debt instruments, rational groupings of debt instruments, or by debt in total. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
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